Price for Cereals; Grain Sorghum, Seed in Iraq - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Iraq (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Iraq
Price for Cereals; Grain Sorghum, Seed in Iraq (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $312 per ton in 2022, surging by 6.5% against the previous year. Overall, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $968 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uzbekistan ($1,283 per ton), while the price for Ukraine ($48 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the prices for the other major suppliers experienced a decline.
Imports of Cereals; Grain Sorghum, Seed in Iraq
For the fourth year in a row, Iraq recorded growth in supplies from abroad of cereals; grain sorghum, seeds, which increased by 108% to 1.2K tons in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 389% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, cereals; grain sorghum, seed imports surged to $371K in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 178%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Cereals; Grain Sorghum, Seed in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | N/A | N/A | 107 | 213 | 99.1% |
| India | 36.8 | 102 | 37.4 | 96.2 | 37.8% |
| Ukraine | N/A | N/A | 23.8 | 41.9 | 76.1% |
| Turkey | N/A | N/A | N/A | 19.5 | 0% |
| Others | N/A | N/A | N/A | 0.6 | 0% |
| Total | 36.8 | 102 | 168 | 371 | 116.0% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Iraq in 2022:
- Ukraine (875.5 tons)
- Uzbekistan (166.0 tons)
- India (78.0 tons)
- Turkey (69.0 tons)
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